Deregulation - Jamb Economics Past Questions and Answers

Question 1:

• JAMB 2019

A demand which gives rise to the reverse of the law of demand is__________

A. Derived demand
B. Joint demand
C. Abnormal demand
D. Composite demand

Question 2:

• JAMB 2002

The economic policy of deregulation is aimed at encouraging?

A. A monopolistic market structure
B. A duopolistic market structure
C. A competitive market structure
D. An oligopolistic market structure

Question 3:

• JAMB 2008

The deregulation of telecommunication services in Nigeria is a characteristic of

A. Command economy
B. Traditional economy
C. Market economy
D. Feudal economy

Question 4:

• JAMB 2008

The deregulation of telecommunication services in Nigeria is a characteristic of

A. Command economy
B. Traditional economy
C. Market economy
D. Feudal economy

Question 5:

• JAMB 2009

Guided deregulation as currently practised in Nigeria implies that

A. Market force determine interest and exchange rates
B. Government alone determines interests and exchange rates
C. Market forces and government determine interest and exchange rates
D. Exchange rate is regulated while interest rate is fixed